Tag Archives: Redfin

Mortgage purchase applications are decreasing, while median asking prices of newly listed homes increased to 12.9%. Here's the data from a new housing market update.

Redfin agents report buyers are more cautious about overpaying, and feel less of a rush to commit to a house after the first tour.

According to a new report from Redfin, the seasonally-adjusted number of homes for sale fell 18% year-over-year in November to an all-time low. This lack of the nation's housing inventory sent the median sale price up 15% to $383,100.  November ...

Redfin has found that recent spikes in inflation have forced rental prices in upwards of 21% nationwide over last year's findings.

The housing market in 2021 was nothing short of remarkable as it seemingly could not be stopped from rising; even the low points of the year were record breaking. As the economy restarted and began to shake off the pandemic cobwebs, people's habits began to change. Due to ...

Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to slow in the coming winter months, as it may return to a ...

If you thought the housing supply hit rock bottom in February, you thought wrong. According to a new report from Redfin, the number of homes available for sale fell by another 38,000 units finding a new low by the end of November suggesting more hardships for burnt-out ...

While bidding wars reached a pandemic peak in April, 60.3% of all offers written by Redfin in October experienced a bidding war, down from the 60.4% in September.  While the decrease in bidding wars is meager, Redfin expected this trend to continue from September due ...

Reversing the trend of just one month ago, pending sales of U.S. homes rose 7.5% in October as consumers regained their financial footing to lock in rates before an anticipated rise.

As the economy continues to see consumer prices for everything rise across the board, rent and mortgage rates have also increased with some cities seeing a 30% increase in rent prices since last year.  According to Redfin, the average national rent price has increased ...